Linglong Tire Says It Faces No Delisting Risk; Controlling Shareholder Bought 5.76 Million A-Shares
2026-06-30 08:08:18
Linglong Tire said on an investor interaction platform that it does not face delisting risk, and that it has rolled out measures including a major shareholder share-buying plan and a share repurchase plan, according to 36Kr. The company said its controlling shareholder has been increasing holdings via centralized bidding on the Shanghai Stock Exchange; as of June 9, 2026, it had purchased 5.7565 million A-shares, about 0.39% of total share capital, for a cumulative 69.62 million yuan. The company added that it has also formulated a buyback plan and is advancing it in line with regulatory rules.
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